Rand softer on euro woes
May 31, 2012 |
BusinessLive |
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THE rand was softer in early trade yesterday on continuing euro woes caused by the crisis in the Spanish banking sector.
At 10.02am the rand was bid at R8.3674 to the dollar from Tuesday's close of 8.3086.
It was bid at R10.4225 to the euro from Tuesday's close of R10.3710 and at R13.0304 against sterling from R12.9874 at Tuesday's close.
Picture taken from www.blake.co.za
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